Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 14 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
The earnings forecast figures will be revised upward due to the smooth progress of the transition to a product-mix structure centered on the consecutive construction of large bulk carriers, and the USD/JPY exchange rate through the interim period generally remaining at weaker-yen levels than the initial assumption of ¥155 to the US dollar, among other factors. The dividend will be increased based on the solid business environment for the newbuilding business and the order intake and earnings conditions.
| Item | Details |
|---|---|
| Net Sales | ¥170,000 million → ¥173,000 million（+1.8%） |
| Operating profit | ¥29,000 million → ¥32,000 million（+10.3%） |
| Ordinary income | ¥30,000 million → ¥32,000 million（+6.7%） |
| Profit attributable to owners of the parent | ¥22,000 million → ¥23,000 million（+4.5%） |
| Net income per share | 316.83 Yen and sen → 330.93 Yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 May 2026 |
| Previous-period results | Full-year fiscal year ending March 2026: net sales ¥159,035 million, operating income ¥28,085 million, ordinary income ¥29,535 million, net income attributable to owners of the parent ¥21,590 million, basic earnings per share ¥310.92 |
| Reason for the revision | The earnings forecast figures will be revised upward due to the smooth progress of the transition to a product-mix structure centered on the consecutive construction of large bulk carriers, and the USD/JPY exchange rate through the interim period generally remaining at weaker-yen levels than the initial assumption of ¥155 to the US dollar, among other factors. The dividend will be increased based on the solid business environment for the newbuilding business and the order intake and earnings conditions. |
| Dividend forecast revision | The interim dividend will be increased to ¥35.00 per share and the year-end dividend forecast to ¥35.00 per share, resulting in an annual dividend forecast of ¥70.00 per share. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The transition to a product-mix structure centered on the consecutive construction of large bulk carriers is progressing smoothly, and the USD/JPY exchange rate through the interim period generally remained at weaker-yen levels than the initial assumption of ¥155 to the US dollar. As a result, the earnings forecast has been revised upward. The dividend increase was decided based on the solid business environment for the newbuilding business and the order intake and earnings conditions.